Cost Plus Fee Construction Contract In King

• Category: Construction - Contractors
• State: Multi-State
• County: King
• Control #: US-00462
• Format: Word; Rich Text

Description

The Cost Plus Fee Construction Contract in King outlines the agreement between a Contractor and an Owner for the construction of a residence. This form details the scope of work, which includes the provision of labor and materials as specified in the plans selected by the Owner. Key features include the requirement for the Contractor to obtain necessary permits, manage site conditions, maintain insurance, and conduct any necessary changes through written Change Orders. The payment structure is defined as the actual cost of materials plus a specified fee for the Contractor's services. It emphasizes the importance of prompt payments and outlines penalties for late payments, alongside warranty limitations on workmanship defects. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for construction agreements, ensuring compliance with legal standards and protecting the interests of all parties involved.